Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	02/23/2023	Partners Bancorp	Mergers & Acquisitions	Sell-Side	$167.8 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Partners Bancorp on announced sale to LINKBANCORP	Partners Bancorp has agreed to be acquired by LINKBANCORP	Financial Advisor
Published	02/23/2023	Wayne Savings Bancshares, Inc.	Mergers & Acquisitions	Sell-Side	$68.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Wayne Savings Banchshares, Inc. on announced sale to Main Street Financial Services Corp	Wayne Savings Banchshares, Inc. has agreed to be acquired by Main Street Financial Services Corp	Financial Advisor
Published	02/21/2023	Minerva Surgical Inc.	Financing, Equity Capital Markets	PIPE	$30.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole placement agent for Minerva Surgical, Inc. on a PIPE offering	PIPE	Sole Placement Agent
Published	02/21/2023	K&N Engineering, Inc.	Restructuring	Amendment		Image	Services & Industrials	Piper Sandler served as financial advisor for an ad hoc group of second lien lenders, including funds managed by Angelo Gordon, Apollo, Centre Lane and Prospect Capital, on a Restructuring Support Agreement with 100% of K&N Engineering, Inc. lenders	Out-of-Court Restructuring	Financial Advisor
Published	02/21/2023	Imperative Chemical Partners	Mergers & Acquisitions	Merger		Image Image Image Image	Energy, Power & Infrastructure, Oilfield Services & Equipment	Piper Sandler served as financial advisor for Imperative Chemical Partners, Inc., a portfolio company of Hastings Equity Partners, on partnership of Hastings and One Equity Partners to recapitalize Imperative and simultaneously combine Imperative with RSI Chemicals	Imperative Chemical Partners, Inc. has partnered with Hastings Equity Partners and One Equity Partners to recapitalize and simultaneously combine with RSI Chemicals	Financial Advisor
Published	02/17/2023	Apyx Medical Corporation	Financing, Debt Capital Markets	Senior Secured Debt	$35.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole debt placement agent for Apyx Medical Corporation on a senior term loan	Senior Secured Debt	Sole Placement Agent
Published	02/17/2023	CB&T Holding Corporation	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$11.5 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for CB&T Holding Corporation on a senior notes offering	Senior Notes	Sole Placement Agent
Published	02/17/2023	Milan Laser Hair Removal	Mergers & Acquisitions	Minority Investment		Image Image	Consumer, Health & Wellness Services	Piper Sandler served as financial advisor for Milan Laser Hair Removal, a portfolio company of Leonard Green & Partners, on receiving a significant investment from Sixth Street	Milan Laser Hair Removal, a portfolio company of Leonard Green & Partners, has received a significant investment from Sixth Street	Financial Advisor
Published	02/15/2023	Galera Therapeutics	Financing, Equity Capital Markets	Registered Direct	$30.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as placement agent for Galera Therapeutics on a registered direct offering	Registered Direct Offering	Sole Placement Agent
Published	02/14/2023	GroundCloud	Mergers & Acquisitions	Sell-Side	$218.0 Million	Image Image	Technology, Software	Piper Sandler served as financial advisor for GroundCloud on sale to Descartes	GroundCloud has been acquired by Descartes	Financial Advisor
Published	02/13/2023	National Spine & Pain Centers	Restructuring	Creditor Advisory	$300.0 Million	Image	Healthcare, Healthcare Services	Piper Sandler served as financial advisor for the steering group of first lien lenders of National Spine & Pain Centers, a portfolio company of Avista Capital Partners, on an out of court recapitalization	Creditor Advisory	Financial Advisor
Published	02/08/2023	Xponential Fitness	Financing, Equity Capital Markets	Confidentially Marketed Follow-On Offering	$140.9 Million	Image	Consumer, Health & Wellness Services	Piper Sandler served as bookrunner for Xponential Fitness, Inc. on a confidentially marketed follow on offering	Confidentially Marketed Follow-On Offering	Passive Bookrunner
Published	02/08/2023	Collegium Pharmaceutical, Inc.	Financing, Equity Capital Markets	Convertible Offering	$241.5 Million	Image	Healthcare, Biopharma	Piper Sandler served as lead manager for Collegium Pharmaceutical, Inc. on a convertible offering	Convertible Offering	Sole Manager
Published	02/08/2023	ProFrac Holding Corp.	Mergers & Acquisitions	Buy-Side	$475.0 Million	Image $profrac$ Image	Energy, Power & Infrastructure, Oilfield Services & Equipment	Piper Sandler served as buy-side advisor for ProFrac Holding Corp. on acquisition of Performance Proppants		Financial Advisor
Published	02/04/2023	Project Peach	Private Capital Advisory, Capital Solutions	Capital Solutions	$50.5 Million		Private Capital Advisory	Piper Sandler raised promoted equity for middle market sponsor in connection with their acquisition & combination of an environmental services business	Promoted Equity	Financial Advisor
Published	02/02/2023	Ellington Financial Inc	Financing, Equity Capital Markets	Preferred Stock	$100.0 Million	Image	Financial Services, Real Estate	Piper Sandler served as sole bookrunner for Ellington Financial Inc. on an 8.625% Series C fixed-rate reset cumulative redeemable preferred stock offering	Preferred Stock Offering	Left Bookrunner
Published	02/01/2023	Curi Holdings, Inc.	Mergers & Acquisitions	Merger		Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for Curi Holdings, Inc. on announced merger with Constellation, Inc.	Curi Holdings, Inc. has agreed to merge with Constellation, Inc.	Financial Advisor
Published	02/01/2023	Greenslate LLC	Mergers & Acquisitions	Sell-Side		Image Image	Technology, Software	Piper Sandler served as financial advisor for Francisco Parnters on a growth investment in Greenslate LLC	Francisco Partners provided a growth investmnet in Greenslate LLC	Financial Advisor
Published	01/31/2023	Integer Holdings Corporation	Financing, Equity Capital Markets	Convertible Offering	$500.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as bookrunner for Integer Holdings Corporation on an unsecured convertible notes offering	Convertible Debt Offering	Passive Bookrunner
Published	01/31/2023	University Bank	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$9.0 Million	Image	Financial Services, Depositories	Piper Sandler served as joint placement agent for University Bancorp, Inc. on a subordinated notes offering	Subordinated Notes	Joint Placement Agent